Directs the Secretary of State to designate foreign terrorist organizations, in order to allow the Secretary of Treasury to freeze terrorists assets and the Attorney General to begin the removal of foreign terrorists and criminals.

Calls for an independent study on taggants in black and smokeless powder to determine whether they pose a substantial health or safety risk to individuals, assist law enforcement with investigations, impair the quality of explosive materials or harm the environment, and whether their benefits outweigh the costs.

Taggants are tracing materials placed in explosive materials and used to help trace information about the explosion.

Establishes a nine member National Commission on Terrorism to examine the United States' long term strategy in addressing, preventing, investigating, and prosecuting acts of terrorism.

Note:

NOTE: THIS VOTE WAS TAKEN UNDER A SUSPENSION OF THE RULES TO CUT OFF DEBATE EARLY AND VOTE TO PASS THE BILL, THEREBY REQUIRING A TWO-THIRDS MAJORITY FOR PASSAGE.